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CNBC
Nov 27, 2012 9:00am EST
works for a long time. >> if grover norquist on the right and entrenched radical democrats, are they forcing deals like this? ralcorp -- >> no. you know what they are forcing? special dividends. >> yes, they are. >> declaring special dividends ahead of possible tax increases related to the fiscal cliff. las vegas sands, the largest single donor in the history of politics, has approved a special dividend. $2.75 a share. retailer dillard's says it will pay a one-time dividend of $5 in december and the home of jack daniels a cash dividend of $4 a share. i don't know how large the dillard family is. these dividends are very important to some of these families. the walton family when walmart did it saved $180 million as a result if in fact we see dividend taxes go to 39.6 from where they currently are. family run companies. sheldon is a big shareholder in las vegas sands. you pay a dividend and you are avoiding potentially an increase in the tax bill as a result of paying it earlier. >> adelson loses in the election so he realizes rates are going higher so he pays a special -- >> i don't
CNBC
Nov 29, 2012 9:00am EST
they will break with protocol. with grover norquist and his tax pledge to reach the deal on the fiscal cliff is sticking in solidarity with it. we're asking what he would be willing to compromise on. >> as we mentioned, house speaker boehner and other leadership meeting with treasury secretary geithner. boehner is expected to hold a press conference afterwards at 11:30 a.m. and we will bring it to you live. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. so i never missed a beat. that's health in numbers. unitedhealthcare. ♪ [ male announcer ] 'tis the season to discover the kid in all of us. enjoy free shipping and great values on your holiday shopping from l.l. bean. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex offic
CNBC
Nov 28, 2012 9:00am EST
long standing pledges that they signed with grover norquist. people skeptical about a deal say what really matters is the house. the house is not showing that same level of flexibility, call it whatever you want. is that fair? are republicans in the house -- you're from oklahoma. obviously a red state. are you as resolute as you have always been? >> i am. here's the issue. the tax rate has never been the solution. there's a couple things to keep in mind here. one is obama care taxes kick in january 1st. there are three aspects to that fiscal cliff. the third aspect is the obama care taxes that are coming. there's a 3.8% increase on capital gains, on dividends, interest income for people making 200,000 or more. that's already coming. that's baked in the cake. what the president wants is an additional tax increase rate increase on the same group of people he's already put a rate increase on in january. we're pushing back saying they are taking a hit in january based on the obama care taxes. why talk about a double tax rate increase? second thing to remember in 2007 we spent a trillion
Search Results 0 to 2 of about 3